Double inside daysTrendline right above. Lots of support below, this can be a big mover if market holds up. by Option_Traders7
VEEV longNewsletter shill I got. Tapping the weekly demand block multiple times, refusing to go down. Breaking downtrend line. Longby CryptoParadymeUpdated 5
Veeva Systems - Medium term trend reversal - going higherVeev is a cloud computing company for biotechs that is on a tear. after jumping up massively in past year, Veev has consolidated and fallen slightly. Please see RSI and MACD trends and relate them to previous trends in boxes. Veev looks to be going higher in the coming months. I'm in at $150 and will keep updatedLongby ketokat4
Veeva Back to ATHVeeva to get back to it's all time high by the end of the year, per my model. I could see another 10% on top of that in a rotation into the sector. It seems a base has been put in, so my stop is right below it. Thanks for your like and more importantly, for you FOLLOW! Please DM or comment below with questions. Let’s make money together!Longby chartsareforships8
VEEV Breakdown 7tapsVEEV has now been making lower highs and lower lows, as its repeatedly tested the $130-$140 mark. The support line has been tested now 7 times and looking to breakdown to the next level at $134. I entered in at $140 for a potential 4% short.Shortby BBTrader294
LONG VEEVExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryas4
Buy above 157.25 onlyBuy above 157.25 only target 162.25 target 165.25 sl 155.25 Longby superkumar2020Updated 4
VEEV appears to be breaking out after falling and basing.Earnings are expected on the 11/26. Last Q they beat and guided higher with 27% sales growth. The market is clearly worried that SaaS stocks are too expensive and running out of growth opportunities. I always wait for earning to be reported so I miss lots of good buys but occasionally miss a bad pullback. I do own the stock.Longby djh860Updated 7
Veeva Systems Beats and raises Third-quarter subscription service revenues summed $226.8 million, up 27.2% year over year. Per management, the solid momentum in bookings was maintained in the quarter. Professional Service revenues rose almost 16.4% to $54.2 million from the figure registered in the year-ago quarter. Per management, outperformance by Veeva Commercial Cloud and Veeva Vault drove revenues across all segments. Company profile Veeva Systems, Inc. engages in the provision of industry-specific, cloud-based software solutions for the life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage a regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. The company was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007 and is headquartered in Pleasanton, CA. Longby Bullishcharts1137
VEEV & SHOP Sporting similar bullish chartsVEEV & SHOP working to resume up trends. They just need to hold their 50 SMAs. I will wait until VEEV reports next week to see if this trend reversal is real or not.by WadeYendall6
VEEV IN THE LONG TERM VIEW.If you understand the idea, push a thumb up!Educationby TRADING_as_a_BUSINESS6
welp, at least she appears to be on an hourly trend lineand .618 fib from the post earnings lowby cashcow043
ANALYSTS LOVE VEEVA, LONGThe Analysts Upgrades Source Benzinga Stifel analyst Tom Roderick maintains a Buy rating on Veeva with a price target lifted from $175 to $185. SunTrust Robinson Humphrey analyst Sandy Draper maintains at Buy, price target lifted from $150 to $180. Stifel: Blowing Through Milestone Veeva's "clean" quarter is highlighted by a 27% year-over-year growth in revenue, 28% growth in subscription revenue, 24% growth in professional services revenue, and 29% growth in calculated bookings, Roderick said. The quarter also marks a milestone as the company "blows through" a $1 billion revenue run rate. Roderick said Veeva's report shows it has multiple initiatives and growth drivers in place to sustain current momentum, including the core Commercial Cloud business Vault. The company also won market share at small- and medium-sized pharmaceutical companies while add-on solutions like Engage doubled in adoption. "We believe Veeva is well positioned to deliver solid growth at scale," the analyst wrote in a note. "Combined with a best in class margin profile, we see Veeva as one of the most compelling long-term stories in our space." SunTrust: Bull Stance Validated Veeva's strong quarter solidifies the case for being bullish on the stock for three reasons, Draper said. First, the growth seen in Vault and contracts won makes it clear it will be a "market share taker." Second, newer products and greater adoption of the commercial suite contributed to an acceleration in overall Commercial revenue growth. Finally, recent momentum in ex-Life sciences solutions represents a future benefit that isn't factored in to current estimates. The revised $180 price target is based on 57 times EV/FCF on 2021 estimates. The multiple represents a premium to the two-year and five-year average of 46 times but justified given a track record of beat and raises earnings reports.Longby RedHotStocks13
VEEV BreakdownVEEV has tested the line of support at $155 three times as well as formed a double top. It has also formed a bearish engulfing over the last day. I was unaware that earnings is release in 6 trading days, so the objective is to see if this trade can play out before then otherwise i will sell before earnings.Shortby BBTrader293
VEEV Time To Reenter Short On Bounce To $175VEEV We will look to reenter a short on this name if it can regain $175 or a bit higher - this name burnt us on our last short so this will be made with defined risk only and NOT a trade for retail traders. Looking for a serious collapse in this name. #stocks #trading #fintech Shortby NewYork888Updated 445
VEEV - H&S formation short setupVEEV - Looking for a possible short if we drop below 158.87. 1st Target 147.67, 2nd Target 136.13 Stop signal 164.23.. Could consider September or December $160 Puts.Shortby AcornWealthCorp115